Invest in New Delhi

The city of Delhi has a per capita income which is about 2.5 times higher than the national average. Delhi is one of the most rapidly growing cities in India. It is a hub for all types of commercial and business activities.

New Delhi is the administrative capital city of India. It is also one of the largest cities in the world in terms of population. In terms of area, it is the third largest city in the country. Delhi is behind Mumbai as a commercial hub in Southeast Asia; however, in cultural and political industries it is not behind Mumbai.

The city of Delhi has a per capita income which is about 2.5 times higher than the national average. Delhi is one of the most rapidly growing cities in India. It is a hub for all types of commercial and business activities.

Sectors such as tourism, information technology, small scale industry, manufacturing and real estate provide support to the economy of the city. The city not only has a well- established industrial set up, but is also a major center for creative arts.

Since New Delhi is the major commercial hub of North India, it attracts migrants from neighboring North Indian States such as Haryana, Punjab and Uttar Pradesh. Thus, there is no dearth of skilled and unskilled workers in the city.

The government of Delhi is making efforts to attract even more investments to the city. The city boasts of one of the best infrastructure in the country. These services are aimed at improving the quality of life of the residents of the city and to promote the economic growth of the city. The roadways, railways and the aviation network connecting New Delhi to the rest of the country is extensive and very efficient. The electric power generation and distribution of the city is also being streamlined by the government.

New Delhi is one of the most popular investment destinations in India. Some features that make it the preferred choice of investors are:

Competent workforce

Investor friendly policies of the government

World class infrastructure and institutions

Large consumer market

The government of Delhi has identified the following sectors as sectors of great potential and has announced a slew of policies and incentives to push for private and public investment in them:

1. Information Technology (IT): World class IT parks are being developed in all parts of the city. The government has announced an IT policy to create a favorable environment for investment in this field.

2. Small Scale Industry: The small scale industry has been a major contributor to the economy of New Delhi. This industry includes various small factories that manufacture fertilizers, footwear, automobile parts, leather goods, textile, medicines and light machines.

Over the last few years, manufacturing and service industries have become major contributors to the New Delhi economy. These two are right now the hottest sectors for investment in the city of New Delhi. Another very lucrative sector for investment is real estate. In the last few years, New Delhi real estate has offered some of the best returns on investment.

The city is set to undergo a makeover very soon which will see drastic improvement in the infrastructure of the city. The transport network will improve significantly by the year 2010.